If your needs are a little more complex, we offer advice on a range of specialist mortgage and finance products.
There are a range of specialist products available, here is an overview of some of the options were we can offer individual advice tailored to your circumstances.
BRIDGING FINANCE
If you are looking to complete the purchase of property or land before selling your existing home, then we can help you secure short-term funding with a bridging loan against your asset. Bridging loans can also be used if you buy a property at auction, where you’ll need the funds quickly, giving you time to arrange a residential or buy to let mortgage once you have secured the property purchase. It can also help with chain breaks when you haven’t sold your current property but want to continue with a new property purchase.
You may also be looking to buy a property in need of renovation, to either sell, turn into a buy to let or make it into your home. The interest can be rolled up or you can choose to make the monthly payments and service the debt.
SECURED LOAN (SECOND CHARGE MORTGAGE)
If you would like to borrow money while leaving your current mortgage in place, or when borrowing is outside the criteria or your current mortgage provider, a secured loan may be the answer. Using the equity in your home you may be eligible to take a secured loan without affecting your current mortgage and interest rate, this may also give you the ability to borrow more than a traditional mortgage provider or a higher loan to value. The new loan is secured against your property and is available for many different purposes.
Commercial Mortgages
For individuals or businesses looking to purchase a property as a business asset. We can help you to secure a mortgage or loan on a commercial property or potential investment in-order to finance a new project.
Options include:
- Self-Build
- Commercial
- Semi commercial
Development Finance
We can help you secure funding for a variety of projects. Development finance can be used to finance both the land purchase and also the build costs. You can apply for funding for projects like your dream home, larger residential developments such as new builds or if you are looking at refurbishments, conversions or developing to let. We can advise you on the best development finance options available.
Shared Ownership & Help to Buy Mortgages
For those unable to secure 100% mortgage. Buy a share of your home (between 25% and 75%) with the option of buying a larger share when your financial circumstance change. It can be a great option if you are finding buying a home just out of reach.
Ex Pat Mortgages
For British citizens currently living and working outside of the UK who want to buy a UK property or re-mortgage an existing one. This can be for a buy to let property or a second home in the UK.
Foreign National & Foreign Income Mortgages
If you are a non-UK citizen we can help arrange the right mortgage for you. This could be if you are a foreign national, resident in a foreign country and looking to buy a UK property. Or you are a foreign national living in the UK with a visa or residency status that enables you to work in the UK. In this case there are a number of factors such as permanent residency, temporary residence, type of visa such as partner/spousal/family member or professional which need to be taken into account. Whatever your situation there are a range of lenders and specialist lenders who can help.
Foreign income mortgages are generally for people who permanently reside in the UK but are paid in a foreign currency. There is a wide range of acceptable currencies and lenders who specialise in this area.
Adverse Credit Mortgages
Adverse credit mortgages are available for people who have faced financial challenges in the past, providing a pathway to homeownership that may otherwise be out of reach. These difficulties may include missed payments, mortgage arrears, defaults, CCJs (County Court Judgments), Debt Management Plans (DMP) or bankruptcy. By understanding the nuances of these specialised mortgage products and taking proactive steps to improve your financial profile, we can help you secure a mortgage despite current or past credit issues. With the right guidance and preparation, homeownership is within your grasp whatever your circumstances.
Multi Unit Free Hold Blocks and Houses of Multiple Occupation
Multi-unit blocks typically consist of multiple individual units within a single building or complex, each designed as a separate dwelling. These units may include among others, flats, apartments or townhouses. Houses of Multiple Occupation (HMOs) are properties rented out to multiple tenants who are not part of the same household but share common facilities such as kitchens and bathrooms. HMOs are subject to specific regulations and licensing requirements.
Both multi-unit blocks and HMOs represent viable investment options within the housing market, often offering a higher yield than a standard buy to let investment. There are a range of lenders who specialise in this area and we can give you tailored advice to provide the best solution to your needs.